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 Sam
Site Admin
Joined: 21 May 2005
Posts: 281
Location: CALIFORNIA
117.49 Dollars($)
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 Posted: Fri Apr 09, 2004 1:06 am Post subject: Non Liquid Assets |
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Non Liquid Assets refer to possessions that cannot be transformed easily into cash.
Features of Non liquid assets:
- These are the investments which cannot be easily converted into cash immediately.
- These can take very long time to sell.
- These comprises of real and personal property.
- Their evaluation is done by considering the immediate and long term feasibility of conversion.
- These include investment type items whose value is in their use for producing end-products or a service.
For example, real estate, bonds, employee saving plans, etc. |
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nida
Guest
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| Posted: Wed Aug 05, 2009 7:19 am Post subject: |
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| examples of non liquid assets |
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gmakerley
Community Mentor
Joined: 09 Nov 2007
Posts: 7405
Location: bloomfield, ct
62.63 Dollars($)
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| Posted: Wed Aug 05, 2009 9:14 am Post subject: |
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nida, generally we are talking about an IRA account, a 401K account, a 403B account - these are the type of asset accounts that are difficult to liquidate. you may be able to do so, but you'll be penalized in most cases.
does that help you?
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George M. Akerley
Loan Consultant
860-221-5044 |
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eric1
Community Experts
Joined: 04 Jan 2009
Posts: 1172
175.80 Dollars($)
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manoj_gopale
Joined: 16 Feb 2009
Posts: 481
0.49 Dollars($)
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| Posted: Wed Aug 05, 2009 11:29 pm Post subject: |
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One more classification in this category could be those investments in big projects i.e. power plants, industrial equipments..etc.
keep in touch....
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gmakerley
Community Mentor
Joined: 09 Nov 2007
Posts: 7405
Location: bloomfield, ct
62.63 Dollars($)
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| Posted: Thu Aug 06, 2009 7:00 am Post subject: |
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wow!
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George M. Akerley
Loan Consultant
860-221-5044 |
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